Funding you earn now, next payment 12:00 UTC+0.0424%/8h= +46.4% APRnext payment +$2.12 per $10,000 · paid last 24h +0.114%
Price spread now: Binance against SunX+0.538%7-day average −0.442% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.284%+$28 on $10k
+Price spread, last 4 days (all we have)−1.823%−$182 · spread now +0.538%, 7d avg −0.442%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Binance is 0.980% dearer against SunX than usual: you sell high and buy low: +$98 more if the spread goes back to its 7-day average of −0.442%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.284% in total (about 14.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.12 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX EDGE-USDT | 0.5945 | 0.0100 | pay 0.0050% / 4h | 50m 51s | $3K | $565K | 10x |
| Short | Binance EDGEUSDT | 0.5977 | 0.0524 | get 0.0262% / 4h | 50m 51s | $10.4M | $9.6M | 50x |
SunX EDGE-USDT
Binance EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $89.07
- Price spread: +0.538% → −0.442%
- $97.99
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $169.06
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 44 min ago; Binance: live order book, 12 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 44 min ago | 501.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.82 bp | 28.0 bp −$28 | 206.9 bp −$2,069 | doesn't fit | doesn't fit |
EDGE on 17 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0289% | 1h | 0.5987 | +0.698% | $55K | $116K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5966 | +0.348% | $44K | $20K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5976 | +0.521% | $7.2M | $3.0M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5992 | +0.791% | $4.8M | $873K | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5982 | +0.621% | $168K | $144K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5993 | +0.802% | $4K | $3.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5999 | +0.908% | $9K | $243K | 50x | as long as short |
| SunX EDGE-USDTlong | +0.0100% | 4h | 0.5945 | long leg | $3K | $565K | 10x | |
| KuCoin EDGEUSDTM | +0.0130% | 4h | 0.5987 | +0.706% | $2.1M | $2.2M | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0406% | 4h | 0.5985 | +0.673% | $3.8M | $5.3M | 20x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
KuCoin EDGEUSDTM
OKX EDGE-USDT-SWAPShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDC | +0.0441% | 4h | 0.5995 | +0.834% | $14.5M | $3.3M | 30x | as long as short |
| BloFin EDGE-USDT | +0.0503% | 4h | 0.5994 | +0.824% | $692K | $79K | 50x | as long as short |
| Aster EDGEUSDT | +0.0510% | 4h | 0.5985 | +0.671% | $60K | $116K | 5x | as long as short |
| Binance EDGEUSDTshort | +0.0524% | 4h | 0.5977 | +0.538% | $10.4M | $9.6M | 50x | |
| Extended EDGE-USD | +0.0528% | 1h | 0.5985 | +0.681% | $27K | $275K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0530% | 4h | 0.5987 | +0.706% | $1.1M | $608K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0650% | 4h | 0.5983 | +0.639% | $2K | $1K | 10x | as long as short |
edgeX EDGEUSDC
BloFin EDGE-USDT
Aster EDGEUSDT
Extended EDGE-USD
MEXC EDGE_USDT
Orderly PERP_EDGE_USDC